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Terry Pegula

Photo of Terry Pegula

A true sportsman who made his fortune in the oil business, Terry Pegula first entered professional sports in 2011, when he purchased both the Buffalo Sabres and the Buffalo Bandits. Shortly after, he built the HarborCenter, which features 2 ice rinks, hotel, large parking garage, several retail outlets and restaurants. This also serves as the practice facility for the Sabres. Pegula also reunited the Sabres with their former long-time AHL affiliate, the Rochester Americans when he purchased that team in June, 2011. In the fall of 2014, Pegula dug his roots deeper into the Buffalo sporting community when along with his wife Kim, purchased the Buffalo Bills following the death of the team’s owner and founder, Ralph Wilson. Pegula donated $102 million for the construction of the Pegula Ice Arena, located on campus at Pegula’s alma mater, Pennsylvania State University. As a result of Pegula’s generous donation, Penn State was able to upgrade both the male and female varsity hockey teams to the Division 1 level of NCAA hockey. Pegula and his wife Kim currently reside in Boca Raton, Florida.